Wells Fargo

• People 3-6-13

  March 6, 2013

• Feds Slap Collective $9.3 Billion Hit on Big Banks for Deficient Mortgage Servicing

  By Heather Anderson  |  March 1, 2013

  Thirteen institutions expected to also undertake loss mitigation efforts focused on foreclosure prevention in OCC/Fed settlement.

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  Despite Uncertainties, CUs Should Keep Tabs on NFC

  By Natasha Chilingerian  |  February 27, 2013

  Doubt has been swirling around the potential widespread use of near field communication, or NFC, a technology that links consumers’ mobile phones to merchants’ point-of-sale terminals, enabling instant mobile payments. Apple released the iPhone 5 without an NFC chip, leaving millions of consumers out of the NFC equation.

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  Nervous Credit Unions Seek Buffers After DDoS Attacks

  By Robert McGarvey  |  February 20, 2013

  Call it a frighteningly mixed message. In the last week of January, the al-Qassam Cyber Fighters who had been claiming the Distributed Denial of Service takedowns of some of the nation’s largest financial institutions, turned their sights on credit unions.

• Bank Frustrations Boil Over in Arizona

  By Michelle A. Samaad  |  February 13, 2013

  At a time when more small businesses are looking for alternatives after being the shown the door by their longtime banks, one Arizona retailer recently went public with its frustrations.

• HUD Rule Will Use 'Disparate Impact' to Police Discrimination

  By Heather Anderson  |  February 11, 2013

  Plaintiffs can use rule to claim discrimination using statistical analysis rather than intent.

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  Threat of the Week: APT Will Get You

  By Robert McGarvey  |  February 11, 2013

  Advanced persistent threats are just that: Advanced, persistent and very threatening.

• Wells Fargo/Gallup Survey Finds Small Business Confidence on Uptick

  By Amanda McGrory-Dixon  |  January 29, 2013

  Companies' Small Business Index shows growing optimism about revenues, capital spending and jobs.

• Secondary Sales Uptick

  By Heather Anderson  |  January 16, 2013

  A New York-based investment banker said he’s noticed an uptick in his bank and credit union clients selling mortgages to the secondary market, especially when the loans aren’t performing.

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  Threat of the Week: DDoS — Are Credit Unions Next?

  By Robert McGarvey  |  January 14, 2013

  Opinions divided on credit unions as targets of denial of service attacks.